$ETH triggered a massive short liquidation at 2962.36, confirming aggressive buyer dominance and a strong squeeze of sellers. Price reclaimed key intraday structure decisively, signaling continuation rather than exhaustion. Momentum remains firmly bullish as long as ETH holds above reclaimed support, with upside expansion favored.
EP: 2940 – 2980
TP: 3050 / 3200
SL: 2885
Bullish continuation backed by heavy short-covering pressure.
ETHUSDT
Perp
2,939.98
-1.18%